SolarEdge Technologies (NASDAQ:SEDG) Given New $30.00 Price Target at Citigroup

SolarEdge Technologies (NASDAQ:SEDG) had its price objective hoisted by Citigroup from $29.00 to $30.00 in a report released on Tuesday,Benzinga reports. The firm currently has a sell rating on the semiconductor company’s stock.

Several other research firms also recently weighed in on SEDG. Bank of America upgraded SolarEdge Technologies from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $17.00 to $40.00 in a research note on Tuesday, March 10th. The Goldman Sachs Group reiterated a “sell” rating and set a $31.00 price objective (down from $36.00) on shares of SolarEdge Technologies in a research note on Wednesday, April 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of SolarEdge Technologies in a report on Monday, December 29th. TD Cowen increased their target price on SolarEdge Technologies from $38.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on SolarEdge Technologies from $33.00 to $42.00 and gave the company a “hold” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, seventeen have assigned a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat.com, SolarEdge Technologies currently has a consensus rating of “Reduce” and an average target price of $29.90.

SolarEdge Technologies Stock Performance

Shares of SEDG stock opened at $40.57 on Tuesday. The company’s fifty day moving average price is $41.46 and its 200-day moving average price is $36.79. The stock has a market cap of $2.47 billion, a PE ratio of -5.90 and a beta of 1.35. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.82. SolarEdge Technologies has a 12 month low of $11.45 and a 12 month high of $53.75.

SolarEdge Technologies (NASDAQ:SEDG) last issued its quarterly earnings results on Thursday, February 26th. The semiconductor company reported ($0.14) earnings per share (EPS) for the quarter. SolarEdge Technologies had a negative return on equity of 45.54% and a negative net margin of 34.23%.The business had revenue of $333.80 million during the quarter. On average, equities analysts expect that SolarEdge Technologies will post -0.9 EPS for the current fiscal year.

Institutional Trading of SolarEdge Technologies

Several institutional investors have recently added to or reduced their stakes in the business. Accent Capital Management LLC purchased a new position in shares of SolarEdge Technologies in the third quarter worth $25,000. Whittier Trust Co. purchased a new stake in shares of SolarEdge Technologies during the third quarter valued at $27,000. Hantz Financial Services Inc. boosted its position in shares of SolarEdge Technologies by 352.5% during the third quarter. Hantz Financial Services Inc. now owns 733 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 571 shares during the last quarter. State of Wyoming bought a new stake in SolarEdge Technologies in the 4th quarter worth about $27,000. Finally, Saranac Partners Ltd bought a new stake in SolarEdge Technologies in the 3rd quarter worth about $28,000. 95.10% of the stock is currently owned by hedge funds and other institutional investors.

More SolarEdge Technologies News

Here are the key news stories impacting SolarEdge Technologies this week:

• Positive Sentiment: New higher‑capacity commercial storage system launched for Europe & Asia — SolarEdge introduced the CSS‑OD 197 kWh C&I storage solution (now orderable), expanding its commercial/storage product lineup and improving addressable market exposure for higher‑margin system sales. This product news supports potential revenue upside in Europe/Asia and likely contributed to intraday strength. Read More.
• Positive Sentiment: Relative outperformance as the market dipped — Coverage noted SEDG rose while the broader market fell, indicating short‑term buying interest or defensive flows into names with positive product catalysts. This supports the view that product momentum and buying interest helped lift the stock today. Read More.
• Neutral Sentiment: Price target ticked up but rating unchanged — Citigroup raised its price target from $29 to $30 but kept a “sell” rating, leaving the analyst view cautious. The slight PT increase is a modest positive data point, but the maintained sell call keeps analyst sentiment negative overall. Read More.
• Neutral Sentiment: Coverage as an “unprofitable” stock — Recent commentary grouped SEDG among unprofitable companies that may struggle with operating expense conversion; this is a reminder of the company’s margin/earnings challenges but is part of broader thematic coverage rather than fresh company‑specific news. Read More.
• Negative Sentiment: Surge in bearish options activity — Unusually large put buying was reported (21,325 puts, ~119% above typical daily put volume), which signals either increased hedging or outright bearish positioning by traders and can add downward pressure or higher implied volatility going forward. (No article link provided.)

SolarEdge Technologies Company Profile

SolarEdge Technologies (NASDAQ: SEDG) is a global provider of solar energy solutions focused on optimizing photovoltaic (PV) power generation. The company’s core offerings include power optimizers, inverters and cloud-based monitoring platforms designed to maximize energy output and improve safety across residential, commercial and utility-scale installations. By coupling module-level electronics with centralized inverters, SolarEdge’s technology enables real-time performance monitoring and rapid fault detection to enhance system reliability.

In recent years, SolarEdge has expanded its product portfolio beyond solar PV to include energy storage systems, electric vehicle (EV) charging solutions and smart energy management tools.